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Metal Fiber Industries is considering four average risk projects with the following costs and rates of return: Projects Required Investment Expected Rate of Return 1

Metal Fiber Industries is considering four average risk projects with the following costs and rates of return:

Projects Required Investment Expected Rate of Return

1 4 million 14%

2 5 million 15%

3 3 million 13.5%

4 6 million 14.5%

Which projects should Metal Fiber Industries accept?

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